L&T aims to generate $1 billion annual revenue from data centers
Business
Larsen & Toubro (L&T) is going big on data centers, aiming to pull in $1 billion a year by 2030.
L&T plans a phased expansion to 350 megawatts of capacity and has announced a partnership with NVIDIA to build gigawatt-scale data centers in the country.
L&T's roadmap for data center expansion
Right now, L&T runs a 30MW center in Chennai but wants to hit 100MW by 2027.
They're investing $2.5 billion over five years and plan to reach 180MW by 2028, then scale up to 250MW in 2029, and finally land at their goal of 350MW in 2030.
They also announced a partnership with NVIDIA to build gigawatt-scale data centers in the country.